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Public Private Partnership (PPP) Law, 2016.

Country/Territory
Afghanistan
Document type
Legislation
Date
2016
Source
FAO, FAOLEX
Subject
Agricultural & rural development, Water, General
Keyword
Institution Public private partnership (PPP) Agricultural development Business/industry/corporations Contract/agreement Dispute settlement Waterworks Irrigation
Geographical area
Asia, Asia and the Pacific, Landlocked Developing Nations, Least Developed Countries, Southern Asia
Abstract

This Law provides with respect to Public-Private Partnerships (PPP) in Afghanistan. It requires the government to support, encourage and ensure the impunity of investment of private sectors in the PPP projects. Unless otherwise prohibited by the law, the Government may conclude investment contracts in Public-Private Partnership projects in specified sectors including, amongst others energy generation, agriculture, irrigation, and the environment. This Law shall apply to entities involved in (large) financing projects through Public-Private Partnership. The Ministry of Finance shall prepare a separate procedure for projects where the anticipated investment value is below a minimum amount established by the High Economic Council at the recommendation of the Minister of Finance. Where the rules and regulations of international Organizations and donor agencies are in conflict with the provisions of this law, the government may approve the rules and regulations of such organizations for a PPP project; provided that the approval is prompted by interests and wellbeing of the public.

Full text
English